HPE Shares Jump 36 Percent on Strong AI Server Demand
Hewlett Packard Enterprise reported record second-quarter revenue of 10.68 billion dollars as AI data center expansion drove server and networking sales. The company raised its fiscal 2026 outlook and now expects to exceed its original 2028 financial targets two years early.
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HEWLETT PACKARD ENTERPRISE shares rose 36% Monday after record second-quarter revenue and an accelerated long-term financial outlook. Revenue rose 40% to $10.68 billion, exceeding analyst estimates of $9.79 billion as AI data center demand surged. The acceleration of 2028 targets to 2026 signals a major shift in enterprise AI infrastructure spending.
